Bulgaria: energy crisis looming by 2038

Energy expert Ivan Hinovski has issued a stark warning about Bulgaria’s future energy prospects, highlighting the imminent threat of losing all base capacities until 2038. Hinovski emphasized the critical importance of securing the agreement for the seventh unit of the Kozloduy Nuclear Power Plant (NPP) to ensure a reliable energy source in all weather conditions.…

Bulgaria: prices to fall in order to join Eurozone

To meet the criteria for entering the Eurozone, Bulgaria is gearing up for a significant shift in its economic landscape, with prices expected to witness a downward trend in the coming months. The key condition for Bulgaria’s entry into the Eurozone is maintaining inflation within a specific range. Specifically, the inflation rate in Bulgaria’s consumer…